Category: News

You don’t need to be a professional bettor to make easy money on the World Cup matches with this promotion from 1xBit! The 2018 FIFA World Cup that will take place in Russia later this month is the perfect occasion for everyone to celebrate, meet with friends and just enjoy the quality time and thrills provided by this international event. What if you could do more than just watch the games on a big screen when you’re going out with your friends? What if you could be part of the game and make things a lot more interesting? If the answer is yes then you’re in luck, because 1xBit has prepared a promotion just for you. Earning money and having fun at the same time? With 1xBit it’s possible! . Creating an account takes only a few seconds, and that’s not just a figure of speech. Afterwards, every bet of 2 mBTC that you place on any World Cup match starting June 13th gets you with a ticket and automatically qualifies you for the lottery where you can win 100 mBTC daily. It’s as simple as that, no other requirements or complicated Terms and Conditions, simply create an account and you’re good to go. Chances are that you’re already rooting for your favorite team so why not take advantage of that and multiply your winning chances with the lottery organized by 1xBit that has a total of 116 winners daily? The more tickets you have, the greater your chances of…
Source: Everybody Can Take Advantage of the World Cup with 1xBit

Stephen Bannon believes that cryptocurrencies can disrupt the financial industry in the same way that Donald Trump disrupted American politics. He also revealed that he owns a “good stake” in Bitcoin and that he has invested in a number of crypto startups through his investment company, Bannon & Company. In an interview with The New York Times published on June 14, the former White House chief strategist revealed that he has been attracted to cryptos for a long time, as “they break old rules, they exist on the periphery, and they pose a challenge to the powerful figures and institutions that have long called the shots.” Disruptive Populism Bannon is especially excited about the prospect of a national coin, and assisting nations that want to establish one. As reported by the Times, he has previously suggested launching a new virtual currency known as the ‘deplorables coin’, in reference to a term that was coined by Hillary Clinton for some Trump supporters. The man who has held various positions during his long career including vice president at Goldman Sachs says he is fascinated by the prospect of nations creating digital currencies that are tied to natural resources found in their jurisdictions. Bannon is involved in a number of crypto startups, he revealed. However, he didn’t mention any names, saying that he feared the controversy associated with his name might have a negative impact on the projects. The former CEO of alt-right news site Breitbart News believes that the person or entity that controls…
Source: Stephen Bannon, Trump’s Former Strategist, Is Banking on the Crypto Industry

Managing financial data can be a huge challenge for organizations in almost any industry. Legacy systems, physical paperwork, and manual processes are some of the main culprits that contribute to lack of transparency, efficiency, and organization of large amounts of financial data. The good news is that emerging technologies, namely the Blockchain, are stepping forward to remedy these issues for large companies and businesses. Disclosure: This is a Sponsored Article Enterprise-scale businesses of all shapes and sizes are beginning to recognize much broader financial applications of the decentralized, transparent public network and ledger that blockchain provides. Take JP Morgan, for instance, who recently announced their partnership with Zcash to improve the security of their customer’s financial data.Global fintech payments provider FLEERCOR is also using the Ripple blockchain to provide better data security and organization. JP Morgan and FLEETCOR are just two examples of why blockchain is promising to be the future for managing (and improving) financial data for companies across the board. Gary Markham, CEO of aXpire, a blockchain based spend management solution, explains why companies are turning to blockchain providers, “There is an increasing demand for real-time data. A recent study from MIT Sloan suggests that on average, companies lose 15-25% of revenue due to issues related to data quality. We are looking to tackle these issues, and the entire data ecosystem with it.” 1. Public vs. Private One of the most important distinctions that have to be made when examining how the blockchain is used to improve financial…
Source: How Blockchain Can Help Companies Improve Their Financial Data

For this week’s piece, we’re going to keep things a bit more on the brief side, everyone. Earlier in the week, an academic report went public forwarding proof that the price of bitcoin (BTC) had been strongly manipulated during the 2017 bull run and run up to Christmas. The author,… The post Price Manipulation in the Crypto Markets: Was Anyone Surprised? appeared first on CryptoCoinMastery.
Source: Price Manipulation in the Crypto Markets: Was Anyone Surprised?

As is usually the case on Saturday, it is rather difficult to make sense of the cryptocurrency markets. The entire top 10 is in the red, with the exception of Ethereum, For some unknown reason, the Ethereum price is still up by 1,16%. Even so, maintaining a value of $500 will remain a massive challenge moving forward. The Ethereum Price Stays in the Green It is evident the market pressure which kept cryptocurrency in its grip since January of 2018 has not relented at this time. Nor will that situation necessarily change, as there are quite a few more weeks, if not months, of negative pressure still ahead. This will also impact the Ethereum price in one way or another, even though it seems to be holding its own for now. Even so, the past 24 hours have resulted in a net gain of 1.16% for the Ethereum price. Albeit it will not shock anyone per se, it is rather intriguing to see this is the only currency in the entire top 10 to note some positive momentum. While it is currently insufficient to keep the Ethereum price above $500, there will be an interesting battle to keep an eye on. This Ethereum price increased is facilitated by a medium increase in the ETH/BTC ratio over the past 24 hours. It is a rather surprising turn of events, as Ether has successfully gained 2.11% on Bitcoin. In most cases, all altcoins – including Ethereum – tend to lose value when…
Source: Ethereum Price: Positive Momentum Remains in Place, for now

For as long as we’ve known him, Brad Garlinghouse has not been one to mince words when talking about the world’s biggest cryptocurrency. He has continuously branded it as the Napster of cryptos, a pioneering platform whose technology and approach made it impossible to achieve success in the face of new and better technologies such as Spotify and Pandora. In his latest attack, the Ripple CEO claimed that Bitcoin will never become the primary cryptocurrency and that no major economy would allow that to happen. He further claimed that Bitcoin is controlled by China, making it even more unsuitable as a primary crypto for the future. An Underreported Story Garlinghouse was speaking at the 2018 Stifel Cross Sector Insight Conference and talked about various issues regarding the crypto industry’s current state and what the future holds. However, what stood out were his strong views on Bitcoin. He was adamant that Bitcoin can’t be the primary global currency, stating that no major economy would allow that to happen. I’ll tell you another story that is underreported, but worth paying attention to. Bitcoin is really controlled by China. There are four miners in China that control over 50 percent of Bitcoin. How do we know that China won’t intervene? How many countries want to use a Chinese-controlled currency? It’s just not going to happen. Garlinghouse revealed he owns Bitcoin but was quick to urge the audience not to take his opinions as investment advice. Unsurprisingly, he expressed his confidence in Ripple’s native asset,…
Source: Bitcoin Is Controlled by China: Ripple CEO Tears Into Bitcoin

Today’s Bitcoin in Brief features several examples of digital coins entering all spheres of life. A leading German auto manufacturer has revealed its cars may soon be fitted with onboard cryptocurrency wallets. A company now offers crypto payments for inmates in prisons across America. And in South Africa, a new token will support rhino conservationists, while fighting poachers. Also read: Bitcoin in Brief: Halting 51% Attacks and Where Now for Ripple? VW Teams with IOTA to Offer Crypto Wallets in Cars It’s a trademark of the Cebit expo in Hanover to entertain visitors with ingenious ideas on how to further digitize our world. The crypto ecosphere has become a new source of inspiration for designers and engineers. One of this year’s surprises: German auto manufacturer Volkswagen has revealed a concept model equipped with a cryptocurrency wallet. The car can pay for its carwash and fill up its tank without the driver moving a finger. The “Cryptocurrency for the Internet of Things,” IOTA will be embedded in new cars developed by VW. The European automotive giant has announced it wants to integrate crypto technology in its upcoming products. Distributed ledger will be used to handle, store and transfer data between the motor vehicles and their producer, and an IOTA wallet may also be incorporated to facilitate contactless payments using the MIOTA tokens. The cooperation between IOTA and Volkswagen is based on the Proof-of-Concept of IOTA’s Tangle system for autonomous cars. Tangle can transfer software updates and will be interconnected with Volkswagen’s…
Source: Bitcoin in Brief Saturday: Coins for Drivers, Prisoners, and Conservationists